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Income Statement
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TRUSTMARK CORP (TRMK)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
    Interest income:  
        Interest income on loans  363.8390.8440.2396.0344.6299.6274.4263.6
        Interest income on investments  39.249.356.468.379.281.385.185.0
        Interest income on repurchase agreements   0.00.20.00.00.00.00.0
       442.5468.3510.5485.6449.8412.1412.2426.9
        Interest on deposits  16.937.579.253.922.712.712.615.3
    Total interest expense  17.238.380.666.242.224.520.521.5
Net interest income  459.7506.6591.1419.4407.6387.5391.8405.3
Net interest income after provision for loan losses  459.7506.6591.1419.4407.6387.5391.8405.3
        Deposit and loan fees     43.744.045.347.448.7
        Gain on sale of investments, net         0.3
        Other non-interest income  221.9274.6187.0141.1140.7128.7125.8124.2
Total non-interest income  221.9274.6187.0184.8184.7173.9173.1173.1
Non-interest expenses  489.3466.3429.0415.4430.2407.3401.7409.0
Pre-tax income before non-recurring items  175.4189.8173.8171.9172.0139.5151.5162.1
Non-recurring items      17.6   
Pre-tax income  175.4189.8173.8171.9154.3139.5151.5162.1
Income taxes  28.029.823.322.348.731.135.438.5
            Tax rate  16.0%15.7%13.4%13.0%31.6%22.3%23.4%23.8%
Net income  147.4160.0150.5149.6105.6108.4116.0123.6
            Net margin  20.2%19.4%18.3%23.2%16.8%18.1%19.3%20.2%
   
Basic EPS  $2.35$2.52$2.33$2.22$1.56$1.60$1.72$1.83
Diluted EPS  $2.34$2.51$2.32$2.21$1.56$1.60$1.71$1.83
   
Shares outstanding (basic)  62.863.564.667.567.767.667.667.4
Shares outstanding (diluted)  63.063.664.867.767.967.867.767.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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